Bearish MACD for OM Group, Inc.

Zacks

OM Group, Inc.’s (OMG) MACD indicator has moved into bearish territory with a reading of –0.2460. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.12% to $24.99 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 13 cents over the past month to $1.32 per share.

 

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